MoFin Lending

What MoFin Lending does

MoFin Lending Corporation is a privately held, direct online lender founded in 2016 by Tyler Peters, a former mortgage-backed securities trader at Lehman Brothers, Barclays, and Nomura, and George Despotopoulos, a New York real estate attorney. The company provides non-owner-occupied investment property loans to real estate investors across 36 US states, operating a 100% retail/direct-to-borrower model with no broker submissions accepted and lending exclusively from its own balance sheet. Its core product suite comprises bridge loans (12-18 month terms, 8.25-10.25% rates) for fix-and-flip and value-add projects, DSCR-based 30-year fixed rental loans (5.75-7.875%) qualified on rental income rather than borrower personal finances, ground-up construction loans (8.50-10.50%), and commercial loans covering multifamily 5+ unit, office, light industrial, and warehouse properties. MoFin underwrites internally and processes applications through a digital borrower portal with a public scenario builder that delivers term sheets within one business day, typically closing bridge loans in 1-3 weeks and rental loans in 30 days or less.

The business generates revenue through a combination of origination fees (2-3% of loan balance), fixed due diligence fees ($495-$995 per deal by product type), a $299 application fee, net interest income on its held loan portfolio, and discretionary gains on secondary-market loan sales to institutional partners. Customer acquisition is driven by an SEO/content marketing engine (35+ state-specific investor guides on the company blog), organic social presence, and an inside sales team reachable via a dedicated phone line and email. The company is headquartered at 500 7th Avenue, New York, with an operational presence in Delray Beach, Florida, and operates with approximately 9 employees including Wall Street-veteran underwriting and operations leadership.

Since inception, the co-founders claim cumulative origination of $594M+ across 2,295+ transactions. The company is bootstrapped with no disclosed institutional funding rounds, has no parent company or holding structure, and operates without an API, mobile app, patents, or disclosed AI/ML capabilities.

Name

MoFin Lending

Legal name

MoFin Lending Corporation

Website

https://mofinloans.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

MoFin Lending is a privately held direct lender offering bridge, DSCR rental, and construction loans to individual real estate investors across 36 US states, using its own capital and 100% retail distribution with no broker channel.

Ownership category

akta.pro rank

Product category

Real Estate Investment Lending

NAICS

Real Estate Credit (522292), Nondepository Credit Intermediation (5222)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Balance-Sheet / Portfolio CRE Lending (FSALADAG)

akta.pro secondary industries

SME Commercial Real Estate (CRE) Lending (FSABABAG), Commercial/Non-Residential Construction-to-Perm Financing (FSALAHAE), Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB)

Keywords

• Real estate lending
• Investment property loans
• DSCR loans
• Bridge loans
• Fix and flip financing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Origination Fees: MoFin charges an origination fee ranging from 2%-3% of the loan balance at closing. This is their primary revenue stream from each loan transaction.
2. Due Diligence Fees: Fees charged at closing: $995 for rental loans, $495 for bridge loans, and $950 for ground-up construction loans. These cover the cost of loan evaluation and processing.
3. Application Fee: A $299 application fee is charged to begin the underwriting process after pre-qualification. This is a one-time fee per loan request.
4. Interest Income: Interest earned on the loan portfolio they originate and hold. Bridge loans at 8.25%-10.25%, rental loans at 5.75%-7.875%, construction loans at 8.50%-10.50%.
5. Secondary Market Loan Sales: At their discretion, MoFin may sell loans in the secondary market to institutional partners. This provides liquidity and additional revenue opportunities while maintaining the servicing relationship with borrowers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

MoFin Lending is a direct lender that uses its own capital to originate non-owner occupied investment property loans for real estate investors. Its core offerings are Bridge Loans (short-term fix & flip and value-add financing), Rental Loans (30-year DSCR-based fixed-term loans), and Construction Loans (ground-up and renovation financing) across 36 U.S. states. All loans qualify on the property's rental income (DSCR) rather than the borrower's personal income.

Product overview

MoFin Lending is a direct lender offering a unified portfolio of investment property loan products. The core offering consists of Bridge Loans (short-term fix-and-flip and value-add financing), Rental Loans (long-term DSCR-based loans for buy-and-hold investors), and Construction Loans (ground-up and renovation financing). All products target non-owner occupied residential and commercial investment properties. The company uses its own capital for lending and underwrites loans internally, focusing on property income potential over personal finances.

Differentiator

Problem solved

Functional benefit

Products and services

• Bridge Loans Short-term investment property financing with 12-18 month terms and no prepayment penalty for fix & flip, BRRRR, ground-up construction, and value-add projects. Covers 1-4 unit residential and 5+ unit multifamily properties with rates from 8.25%-10.25% and a minimum loan amount of $150,000. Targeted at real estate investors who need quick capital and flexible terms.
• Rental Loans Long-term 30-year fixed-term loans (interest-only available) for single properties and portfolio loans covering 1-4 units and short-term rentals (Airbnb/VRBO). Qualified based on rental property income with no personal income check required. Rates from 5.75%-7.875%. Designed for buy-and-hold real estate investors seeking DSCR-based long-term financing.
• Construction Loans Short-term construction financing for 1-4 unit residential properties with 12-18 month terms, including Rate/Term, Purchase, and Cash-out options. Rates from 8.50%-10.50%. Targeted at real estate investors building new residential properties.
• Ground-Up Construction Loans Financing for ground-up construction of 1-4 unit residential properties, part of MoFin's construction loan program with a $950 due diligence fee and rates from 8.50%-10.50%.
• Commercial Loans Financing for commercial real estate including multifamily (5-9 units case-by-case), office, light industrial, and warehouse properties. Terms range from 12-36 months for bridge commercial loans. Targeted at investors in larger commercial and multifamily properties.
• DSCR Loans Debt Service Coverage Ratio loans that qualify borrowers based on the investment property's rental income potential rather than personal finances. Designed for real estate investors with diverse income streams, including self-employed investors and those with complex income situations. Loans are business-purpose only and do not report to credit agencies.

Quantifiable outcome

• 1-3 week closing for bridge loans
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves7 records

Expansion highlights3 records

Emerging players

• Groundfloor Finance: Groundfloor is a real estate lending and investment platform that lends to fix-and-flip investors. Different delivery model (crowdfunded debt), but serves the same underlying borrower segment as MoFin's bridge program.
• Defy Mortgage: Defy is a newer direct-to-consumer DSCR/Non-QM lender targeting real estate investors with a fully digital experience. Smaller and more product-narrow than MoFin, but competes head-to-head on DSCR rental loans.

Direct peers

• CoreVest Finance: CoreVest (acquired by Redfin) originates bridge loans for fix-and-flip investors and DSCR rental loans for landlords — essentially a direct product-line overlap with MoFin. A core comparable for benchmarking pricing, terms, and operational scale.
• Lima One Capital: Lima One is a direct balance-sheet lender specializing in single-family rental (DSCR) and fix-and-flip loans to real estate investors. Highly comparable to MoFin across product mix, borrower profile, and nationwide footprint, and a recognized brand in the space.
• Newfi Wholesale: Newfi is a non-QM/DSCR lender focused on real estate investors and self-employed borrowers, with products for both rental and bridge financing. Overlaps with MoFin on DSCR qualification methodology and target borrower segments.
• RCN Capital: RCN Capital is a direct lender to real estate investors offering bridge, fix-and-flip, and rental loans across the U.S. Comparable to MoFin in customer base (active investors) and product breadth, with a similar direct-to-borrower orientation.
• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions originates non-QM and DSCR loans for real estate investors and self-employed borrowers. Comparable to MoFin in the DSCR focus and ability to serve complex-income borrowers excluded by agency lenders.
• Visio Lending: Visio is one of the largest non-bank direct lenders to real estate investors, with a deep focus on DSCR-based rental and bridge loans for 1-4 unit investment properties. It is the closest scale comparable to MoFin's product mix and borrower profile.
• Kiavi (formerly LendingHome): Kiavi is a leading online balance-sheet lender for real estate investors offering bridge (fix-and-flip) and DSCR rental loans nationwide. Comparable to MoFin in product, target customer (active investors), and direct-to-borrower model, but materially larger and with securitization access.

Regional players

• JMAC Lending (Private Investor Loans): JMAC Lending offers fix-and-flip and DSCR investor loans, with a strong regional focus in California. Compares to MoFin on product, with partial geographic overlap and a more state-concentrated footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/MoFinLending
• Facebookfacebook.com/MoFinLending
• LinkedInlinkedin.com/company/mofin-lending
• Instagraminstagram.com/mofinlending

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MoFin Lending